24-A M.R.S. § 424
This is the official text of 24-A M.R.S. § 424, part of Maine’s M.R.S — part of the compiled statutory law of Maine, published by the state as "M.R.S." Browse the sections below, each linked to its official government source.
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24-A §424. -- penalty for late or false statement
Official statutory text
1. An insurer failing, without just cause beyond the reasonable control of the insurer, to file its annual statement as required in section 423 shall forfeit to the State $25 for each day of delinquency, to be collected if necessary, by civil action against the insurer in the District Court, Southern Kennebec Division. [PL 1969, c. 132, §1 (NEW).]
2. Any director, officer, agent or employee of any insurer who subscribes to, makes or concurs in making or publishing, any annual or other statement required by law, knowing the same to contain any material statement that is false, commits a Class D crime. [PL 1991, c. 797, §9 (AMD).]
2. Any director, officer, agent or employee of any insurer who subscribes to, makes or concurs in making or publishing, any annual or other statement required by law, knowing the same to contain any material statement that is false, commits a Class D crime. [PL 1991, c. 797, §9 (AMD).]
Status: in_force · Read it on the official government site
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